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Key Points

4 points
1

Around 1.27 lakh crore Indian rupees will be spent on the chip program.

2

The plan covers six areas: design, equipment, factories, assembly, research, and training.

3

A high‑level panel will decide which chip types get special incentives.

4

The aim is to reduce reliance on imported chips and boost local talent.

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Summary

Money will help design, make, test, and teach about chips.

A top expert group will choose which chips are most important.

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New Words to Learn

8 words
semiconductor
a tiny part that helps electronic devices work
ecosystem
all the people, companies, and tools that work together in one area
fabrication
the process of making something, especially tiny computer parts
incentives
rewards or help that encourage people to do something
strategic
important for a big plan or goal
domestic
made or used inside the country
capabilities
skills or abilities to do something
value chain
all the steps needed to create and sell a product
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